how to load money on turbotax card

TurboTax card is one of the most popular prepaid cards in the United States that helps individuals manage their finances. The card has multiple features, including direct deposit, bill payments, and ATM withdrawals. However, the cardholder must load funds into the card before they start using it. In this article, we will guide you on how to load money onto your TurboTax card.

Step-by-Step Guide to Load Money on TurboTax Card

The process of loading money onto your TurboTax card is simple and straightforward. Follow these steps to load your TurboTax card:

Step 1: Ensure that your TurboTax card is activated and registered. You can register your card by visiting the official website of TurboTax or by calling their customer support number.

Step 2: Navigate to the login page of the TurboTax card website and enter your login details. If you do not have a login, create an account by clicking on the \"Create Account\" button.

Step 3: Once you are logged in, click on the \"Add Money\" button on the main menu.

Step 4: You will be provided with a list of funding options. Choose from the available options, including cash deposits, direct deposits, and bank transfers.

Step 5: Follow the instructions for the funding option you have chosen. You may need to provide relevant details such as the amount you wish to add and the account details for the funding source.

Step 6: Once you have provided the necessary information, confirm the transaction details and authorize the transfer. The funds will be credited to your TurboTax card within a few hours or up to three business days, depending on the chosen funding option.

Funding Options Available on TurboTax Card

TurboTax card offers several funding options that make it easy for cardholders to load funds into their accounts. These options include:

Cash Deposits: You can add cash to your TurboTax card by visiting one of the designated retail store locations, such as Walmart and Walgreens, and providing your card details. The funds will be instantly credited to your account, and a fee may apply.

Direct Deposits: You can also have your paycheck or government benefits directly deposited into your TurboTax card account. This funding option is free of charge, and the funds are usually available within one business day after being deposited.

Bank Transfers: You can transfer funds from your bank account to your TurboTax card account. This funding option may take up to three business days for the funds to be credited to your account, and a fee may apply.

Fees Associated with TurboTax Card

TurboTax card charges different fees for various services offered to cardholders. It is essential to understand these fees to make informed decisions. Here are some of the fees associated with TurboTax card:

Monthly Maintenance Fee: The monthly maintenance fee is $4.95, which is charged every month, regardless of whether or not the cardholder uses their TurboTax card.

Withdrawal Fee: TurboTax card charges $2.50 for each ATM withdrawal, and a foreign transaction fee may also apply if the withdrawal is made outside the United States.

Reload Fee: There is a fee of $4.95 charged for reloading funds onto the card, and this fee applies for both cash deposits and bank transfers.

Conclusion

In conclusion, the TurboTax card is a useful alternative to traditional bank accounts that offers numerous features to help individuals manage their finances. Loading money onto the card is easy, and there are various funding options available. However, it is crucial to understand the fees associated with TurboTax card to avoid unnecessary charges. Follow the steps highlighted in this article to load funds onto your TurboTax card and manage your finances with ease.